Aviso Financial Inc. Purchases 64 Shares of W.W. Grainger, Inc. $GWW

Aviso Financial Inc. grew its holdings in W.W. Grainger, Inc. (NYSE:GWW) by 5.2% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 1,290 shares of the industrial products company’s stock after buying an additional 64 shares during the quarter. Aviso Financial Inc.’s holdings in W.W. Grainger were worth $1,342,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Cary Street Partners Investment Advisory LLC lifted its holdings in W.W. Grainger by 3.2% in the first quarter. Cary Street Partners Investment Advisory LLC now owns 323 shares of the industrial products company’s stock worth $319,000 after buying an additional 10 shares during the period. Hemington Wealth Management grew its holdings in W.W. Grainger by 0.9% in the first quarter. Hemington Wealth Management now owns 1,139 shares of the industrial products company’s stock worth $1,125,000 after purchasing an additional 10 shares during the period. Grove Bank & Trust grew its holdings in W.W. Grainger by 52.6% in the second quarter. Grove Bank & Trust now owns 29 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 10 shares during the period. Ridgewood Investments LLC raised its stake in W.W. Grainger by 50.0% during the second quarter. Ridgewood Investments LLC now owns 30 shares of the industrial products company’s stock valued at $31,000 after buying an additional 10 shares during the last quarter. Finally, Brighton Jones LLC grew its position in W.W. Grainger by 3.3% during the 2nd quarter. Brighton Jones LLC now owns 313 shares of the industrial products company’s stock valued at $326,000 after purchasing an additional 10 shares during the last quarter. 80.70% of the stock is owned by hedge funds and other institutional investors.

W.W. Grainger Trading Up 1.4%

GWW opened at $942.64 on Wednesday. The firm has a market cap of $44.82 billion, a P/E ratio of 23.92, a P/E/G ratio of 2.79 and a beta of 1.17. The stock has a 50-day moving average of $956.39 and a 200 day moving average of $1,006.33. W.W. Grainger, Inc. has a 12 month low of $893.99 and a 12 month high of $1,221.32. The company has a current ratio of 2.82, a quick ratio of 1.64 and a debt-to-equity ratio of 0.57.

W.W. Grainger (NYSE:GWW) last posted its quarterly earnings data on Friday, October 31st. The industrial products company reported $10.21 earnings per share for the quarter, beating analysts’ consensus estimates of $9.95 by $0.26. W.W. Grainger had a net margin of 10.99% and a return on equity of 49.63%. The business had revenue of $4.66 billion for the quarter, compared to analysts’ expectations of $4.64 billion. During the same quarter in the previous year, the business posted $9.87 earnings per share. The business’s revenue was up 6.1% compared to the same quarter last year. W.W. Grainger has set its FY 2025 guidance at 39.000-39.750 EPS. As a group, research analysts forecast that W.W. Grainger, Inc. will post 40.3 EPS for the current year.

W.W. Grainger Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 1st. Shareholders of record on Monday, November 10th will be paid a $2.26 dividend. This represents a $9.04 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Monday, November 10th. W.W. Grainger’s dividend payout ratio is currently 25.35%.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on GWW shares. Morgan Stanley lowered their target price on shares of W.W. Grainger from $1,150.00 to $1,100.00 and set an “equal weight” rating on the stock in a research note on Tuesday. JPMorgan Chase & Co. upped their price objective on W.W. Grainger from $1,035.00 to $1,050.00 and gave the company a “neutral” rating in a research report on Wednesday, October 15th. Sanford C. Bernstein started coverage on shares of W.W. Grainger in a research report on Wednesday, November 12th. They set a “market perform” rating and a $975.00 price objective for the company. Barclays lifted their price target on shares of W.W. Grainger from $963.00 to $975.00 and gave the company an “underweight” rating in a report on Friday, November 7th. Finally, Royal Bank Of Canada increased their target price on W.W. Grainger from $1,006.00 to $1,050.00 and gave the stock a “sector perform” rating in a research report on Monday, November 3rd. One investment analyst has rated the stock with a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and an average price target of $1,009.43.

Insider Activity at W.W. Grainger

In other news, SVP Jonny M. Leroy sold 500 shares of the firm’s stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $992.86, for a total transaction of $496,430.00. Following the transaction, the senior vice president owned 1,771 shares in the company, valued at approximately $1,758,355.06. This trade represents a 22.02% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 6.10% of the company’s stock.

W.W. Grainger Profile

W.W. Grainger, Inc, together with its subsidiaries, distributes maintenance, repair, and operating products and services primarily in North America, Japan, the United Kingdom, and internationally. The company operates through two segments, High-Touch Solutions N.A. and Endless Assortment. The company provides safety, security, material handling and storage equipment, pumps and plumbing equipment, cleaning and maintenance, and metalworking and hand tools.